Breakout after a year of consolidation

1 thg 11, 2022

PDMJEPAPER - Range Breakout and strong trend indications
Trend Analysis :
Taking support at 50% we are moving aggressively to the upside breaking out from range. While the paper sector is performing great, this is my pick for a mid-term trade.
Though I might be a little late to post this, I still have high faith in this.

Chart Summary
> Breakout from range
> Strong trend
> First Target can be 55
> T2 can be 60 (Height of consolidation zone and Fib 1.27%

Invest at your own risk. I'm up for a healthy discussion, Comment below to start one ;)